StockWatch
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Auto Manufacturing
PartnershipJul 20, 2026, 05:01 AM

Kandi's China Battery Exchange Secures 18-Station CATL Order

AI Summary

Kandi Technologies Group's wholly-owned subsidiary, China Battery Exchange, has secured an equipment procurement order from QIJI Energy, a heavy-truck battery swap brand under CATL. This order for 18 heavy-truck battery swap stations signifies the partnership's transition from a pilot phase to active commercial operations. China Battery Exchange will provide end-to-end services, including manufacturing, delivery, deployment, and after-sales maintenance, supporting CATL's "Ten Thousand Station Plan."

Key Highlights

  • Kandi's China Battery Exchange secured an order for 18 heavy-truck battery swap stations.
  • The order is from QIJI Energy, a subsidiary of CATL.
  • This marks the transition from pilot phase to active commercial operations for the partnership.
  • China Battery Exchange will provide end-to-end services for the 18 stations.
  • This is the first batch procurement under a three-year strategic cooperation agreement from January 2026.
  • The order is part of CATL's "Ten Thousand Station Plan," targeting 900 stations by year-end 2026.
  • Kandi has proactively ramped up production capacity in anticipation of growing demand.